2024 Budget Prioritization Exercise and Bogotá Metro: Insights from Minister of Finance Ricardo Bonilla

2024-02-10 01:07:37

The Minister of Finance, Ricardo Bonilla, explained in the 2024 budget there will be a “prioritization exercise”, requested by President Gustavo Petro.

“It is a prioritization exercise that the president asked us to do, in terms of ‘let’s examine what each of those areas is in.“explained the head of the Treasury portfolio.

He added that it is necessary to examine whether what is planned for this year should be delivered given the level of delay in the works and said that “there is no opacity in the budget”. “The budget settlement is including everything that Congress approved, which approves some global items and in the middle of that there is a discussion about what the priorities are, examining how much the projects are really being executed,” Bonilla said.

Regarding the Bogotá metro, he said that “The resources are assured, the level of strategic importance has never been removed. “What must be examined is whether what is planned for this year should be delivered, given the magnitude of the delay in the work.”

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